In the United States large-value electronic payments are made through:
I. Fedwire
II. ACH
III. CHIPS

Question

Quizplus · Accepted Answer

Large-value electronic payments in the United States are made through Fedwire and CHIPS. Fedwire is a real-time gross settlement (RTGS) system run by the Federal Reserve, and CHIPS (Clearing House Interbank Payments System) is a private-sector network operated by The Clearing House. ACH (Automated Clearing House) is a system primarily used for smaller transactions and is not designed for large-value payments.

In the United States Large-Value Electronic Payments Are Made Through